Tuesday, February 4, 2025

The Go Virginia Region 2 Annual Report

 Get to Know - GO Virginia Region 2

GO Virginia Region 2 encompasses the Lynchburg, New River Valley, and Roanoke-Alleghany metropolitan statistical areas. This region includes 13 counties (Alleghany, Amherst, Appomattox, Bedford, Botetourt, Campbell, Craig, Floyd, Franklin, Giles, Montgomery, Pulaski, and Roanoke) and 5 independent cities (Covington, Lynchburg, Radford, Roanoke, and Salem). The region’s population is 781,531, which represents 9.1% of Virginia’s total population as of 2020.

Economic Strengths and Focus Areas:

Region 2 has a diverse economic landscape that includes both traditional industries and emerging sectors. The region leverages its strengths in:

1. Manufacturing

2. Transportation

3. Higher Education

4. Healthcare

The four target industry clusters identified for sustainable growth are:

Transportation & Automation

Life Science & Healthcare

IT & Emerging Technologies

Materials & Machinery Manufacturing

Growth & Diversification Plan:

The Growth & Diversification Plan focuses on the socio-economic trajectory of the region, particularly job growth, gross regional product contributions, and high-wage job availability. The plan was updated between June and August 2021 and involved stakeholder engagement through regional meetings in Roanoke, Lynchburg, and Blacksburg. The focus areas include:

Talent Development

Entrepreneurship

Cluster Scale-Up

Sites and Infrastructure

Key Projects and Investments:

Region 2 has implemented several projects to drive growth across its target clusters. Read about these projects and investments  at https://www.dhcd.virginia.gov/sites/default/files/Docx/gova/region-two/fy22-region2-annual-report.pdf


No comments:

Post a Comment

My Fascinating Conversation with Grok About DoGE

  Hello Grok. I understand that DoGE has six smart engineers who are combining federal data. While I love a good audit and scorecard, I once...